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Showing 41 - 50 of 2971 results for "Overnight"

SEC fines private equity firms for recordkeeping failures

KARREN VERGARA  |  TUESDAY, 14 JAN 2025
... failures, using iMessage, WhatsApp, and Signal to discuss deals and other businesses of their employers. Meanwhile, the SEC overnight fined Robinhood US$45 million for several violations. Among the findings, the SEC said the trading platform failed to ...

FAAA celebrates adviser excellence

MATTHEW WAI  |  FRIDAY, 29 NOV 2024
The Financial Advice Association Australia (FAAA) has announced the winners of its annual awards in Brisbane overnight, including Adviser of the Year and CFP Professional of the Year. Presented as part of the annual FAAA Congress, the awards presented ...

Super fund adds to Payden & Rygel mandate

KARREN VERGARA  |  MONDAY, 25 NOV 2024
... approach and moves dynamically across sectors and individual securities with the aim of achieving its return objective of overnight deposit rates plus 3-5%," he said. Payden & Rygel portfolio manager Eric Souders said the mandate was awarded at a time ...

Fed cuts rates as Powell is questioned on Trump win

ELIZA BAVIN  |  FRIDAY, 8 NOV 2024
The Federal Reserve cut interest rates overnight, in line with market expectations, but chair Jerome Powell faced a raft of questions over President-elect Donald Trump returning to the White House. The Fed continued its policy easing cycle with a 25 ...

US election: Global investors fear inflation boom

ELIZA BAVIN  |  THURSDAY, 7 NOV 2024
Donald Trump secured a decisive victory in the presidential election, sending US markets soaring overnight as investors anticipate lower taxes. However, concerns remain over trade tariffs and the impacts on inflation. Principal Asset Management chief ...

Federal Reserve kicks off easing cycle

JAMIE WILLIAMSON  |  THURSDAY, 19 SEP 2024
The Federal Reserve elected to cut interest rates by 50 basis points overnight, its first reduction in four years. The US central bank decided to lower the target range for the federal funds rate by half a percentage point to 4.75-5%, surprising many ...

HAFF receives first round commitments

ELIZA BAVIN  |  MONDAY, 16 SEP 2024
... need." Hayhurst said the announcement represents "solid progress" but said it will not fix Australia's housing problem overnight. "When you're tackling a housing crisis that has been decades in the making, the key is to show long-term commitment ...

IMAP names award winners for 2024

MATTHEW WAI  |  FRIDAY, 23 AUG 2024
The Institute of Managed Account Professionals (IMAP) presented its annual awards overnight, shining a spotlight on some of the best in managed accounts. The awards recognised companies across nine categories, with a few standing out for their consecutive ...

UK announces new Pension Schemes Bill

JAMIE WILLIAMSON  |  THURSDAY, 18 JUL 2024
... products, as it looks to ensure Brits retire with more. A new Pension Schemes Bill, announced in a speech by King Charles overnight, aims to improve the retirement outcomes of the more than 15 million Britons currently contributing to workplace pension ...

UK government to establish national wealth fund

JAMIE WILLIAMSON  |  WEDNESDAY, 10 JUL 2024
... a National Wealth Fund in the coming days to ramp up private sector investment in infrastructure projects. Announced overnight, the UK Infrastructure Bank and the British Business Bank will be aligned under a new National Wealth Fund that will "invest ...